Economy
Building Wealth in Stock Market by Capital Appreciation and Dividend Payment
By Emmanuel C Agubuo
The stock market is a device for transferring wealth from the impatient (pessimistic and fearful investor) to the patient (intelligent and daring investor), Warren Buffett.
Success in stock market investment is dependent on the understanding of its intricacies and managing them to your advantage, Emmanuel C Agubuo.
Purpose of Stock Market
The need for companies to raise money and investors to profit from it is the essence of the stock market and that is what keeps it going.
There are three major ways to profit from the capital market.
1 By capital appreciation.
2 Dividend yields.
3 Bonus issue.
The first two are regular, but the third isn’t and it occurs when the company decides to do it.
Now, if you’re a capitalist-minded investor, you can decide to take profits as many times as possible and as you choose, especially if the stock appreciates more than you bought it. What this means in essence is that the capitalist investor decides what he wants and earns.
But a core dividend income investor has no such option(s). His only option is when the company declares dividends or bonus, either once or twice in a year and in rare cases, more.
So, his earnings or profits depend entirely on what the company chooses to give him at a particular time and not on what he decides to earn.
In order to make sure these set of passive investors keep their money with them, companies declare dividends and sometimes, bonus issues so as to make shareholders happy.
But one key question to ask is ‘is dividend income the real deal in stock market investments?’ Well, the answer varies from one investor to the other because each of their investment objective isn’t the same.
However, it is advisable that you do all you can to maximize more profits from the capital market. I believe that’s what brought you into it in the first place. Or is there anything else? You just came to watch others make the big money?
Or are you just satisfied with the peanuts from dividends? Ok, that’s your choice. Everyone is entitled to his or her choice. There’s no problem about that.
Now hear this, dividend payments in stock market investment is a bait. Don’t be caught and don’t be distracted by it. Because if you focus on it as your core means of building wealth through the capital market, it will deter you from maximizing opportunities of share appreciation, which can fetch you over 100 percent yield.
See, dividend payment is a device conceived by stock market inventors (companies) to access and consolidate huge capital almost free of charge or with lesser interest rates or payment, unlike if they had gone to the bank to borrow such huge amount of money.
The companies pay the dividends simply for consolation as to enable them keep the huge funds perpetually. This is one of the reasons you shouldn’t make dividend income your CORE mission in stock market investment. Simply take it whenever it comes, but don’t make it your CORE; that’s what I do.
However, it depends on your age, shrewdness and level of risk taking. But you have to be very smart.
Nevertheless, investing for dividend income yields is a strategy of its own; based on one’s major objective in the stock market. Investing for capital appreciation or gain is a strategy of its own too and everything boils down to individual perception, understanding, shrewdness and preference.
Though, the two can be combined. But for me, the fastest way to build wealth through the stock market is by capital appreciation in the medium to long term horizon. This doesn’t mean you should sell all your holdings at once. You can sell some or in tranches, but leave your core holdings and watch until the price rises to its top most peaks if needs be.
In other words, building wealth through capital appreciation in the stock market is not a sprint. It is a marathon. It is like a relay race. You need to be savvy, patient and persistent.
Theretofore, to profit more from the stock market investment, do all you can to learn the art of investing in it than the act. The profit is made in the arts and not the act.
A word is enough for the wise. See you at the top. Cheers.
Emmanuel C Agubuo is an entrepreneur, an investor in stocks, real estate and a stock market information strategist. He also helps to strategize on better ways to invest in the stock market profitably.
By Aduragbemi Omiyale
African leaders have been advised to focus on economic integration through industrialisation, as this would make the continent a formidable force in the global market.
This charge was given by the Minister of State in the Tanzanian President’s Office responsible for Planning and Investment, Prof. Kitila A. Mkumbo, during a visit to the Dangote Petroleum Refinery and Petrochemicals in Lagos.
“Africa now needs economic liberation, and that can only come through industrialisation,” he said, describing Mr Aliko Dangote as Africa’s leading industrialist whose investments are increasingly extending beyond Nigeria to support development across the continent.
He added that Tanzania looks forward to working with Dangote Group as part of a broader vision of accelerating Pan-African industrialisation and strengthening regional manufacturing capacity.
The Minister also highlighted the importance of local refining capacity in improving Africa’s energy security, particularly in light of recent disruptions in global oil markets.
Referring to the impact of tensions around the Strait of Hormuz on global fuel prices, he said increased refining capacity from facilities such as the Dangote Petroleum Refinery would help cushion African economies against external shocks.
According to him, affordable and reliable energy remains one of the most important drivers of economic development, noting that expanded refining capacity across the continent would contribute significantly to lowering energy costs and improving the quality of life for millions of Africans.
The Tanzanian delegation was in Nigeria to follow up on discussions held earlier this year between President Samia Suluhu Hassan and Mr Dangote regarding the expansion of Dangote Group’s investment footprint in Tanzania.
The East African nation reaffirmed its commitment to deepening economic cooperation with Dangote Group, expressing strong interest in attracting new investments in fertiliser production, energy and industrial infrastructure to support the country’s long-term development agenda.
“We have come here to make a follow-up on what they deliberated with our President in terms of further Dangote investments in Tanzania,” Mr Mkumbo said.
By Aduragbemi Omiyale
One of the leading brewers and beverage companies listed on the Nigerian Exchange (NGX) Limited, Champion Breweries Plc, has expressed its commitment to strengthening its market position.
The beer maker gave this assurance while reacting to its financial performance for the first half of 2026, which was strong, driven by solid commercial performance, improved operational efficiencies, and the successful expansion of its business portfolio following the acquisition of EnjoyBev B.V.
In the period under review, the organisation boosted its growth platform through strategic investment, delivered resilient operating performance, and successfully transitioned to a new group structure.
Its revenue reached N35.73 billion, while second-quarter revenue amounted to N21.37 billion. Operating profit stood at N6.17 billion, and profit after tax attributable to the group was N2.65 billion, with second-quarter profit after tax of N1.76 billion.
The firm also successfully completed the acquisition of an 80 per cent equity interest in EnjoyBev B.V., strengthened its capital base through a successful capital raising programme that increased shareholders’ equity to N69.08 billion, and maintained full compliance with NGX free float requirements, with free float increasing to 25.72 per cent as of June 30, 2026.
“The first half of 2026 marks a defining chapter in Champion Breweries’ journey. We have not only delivered a strong operating performance but also successfully transformed our business into a broader beverage group with an expanded platform for sustainable growth.
“While higher finance costs associated with our strategic investment programme impacted profitability during the period, our underlying business remains strong.
“The combination of disciplined commercial execution, continued investment in our brands and route-to-market capabilities and improving operational efficiency positions us well for future growth.
“We remain focused on creating long-term value for shareholders, strengthening our market position, and capturing the opportunities presented by our expanded business platform,” the acting chief executive of Champion Breweries, Mr Rasheed Adebiyi, said.
For businesses operating across borders, payments are no longer simply the final step in a transaction. The way money moves can influence where a company sells, how quickly it can enter a new market, and how easily customers can complete a purchase. As digital payment methods become more diverse, businesses are adjusting not only their checkout options but also the way payment processes fit into wider operations.
This shift is particularly visible in international commerce. A company can now serve customers in multiple markets without relying on a single payment method or a traditional physical presence in each location. Digital payments have become part of the infrastructure that supports increasingly distributed business models.
A More Connected Payment Environment
Global commerce has created a more complicated payment environment. Customers in different countries may have very different expectations about how a purchase should be paid for. Some markets rely heavily on cards, while others have seen rapid adoption of digital wallets, bank-based payment methods, or other local alternatives.
For businesses, this variety creates both opportunities and practical challenges. Offering payment options that customers recognize can reduce friction during a transaction, while supporting several markets may require businesses to work with different payment technologies and providers.
Digital payments have therefore become closely connected to market expansion. A company entering a new country does not only need to consider demand for its products or services. It also needs to understand how customers in that market prefer to pay and whether its existing payment setup can accommodate those expectations.
More Choices for Businesses and Customers
The growth of digital payments has expanded the range of choices available on both sides of a transaction.
Consumers can increasingly choose between cards, digital wallets, bank transfers, mobile payment methods and other forms of electronic payment. Businesses, meanwhile, can select from different technologies and payment providers depending on their markets and operational requirements.
This development has changed the role of payments in the customer experience. Payment is no longer necessarily treated as an isolated technical process that begins only after a purchasing decision has been made. The available options can influence whether a customer completes a transaction in the first place.
For international businesses, flexibility can be particularly important. A payment method that is familiar and convenient in one market may be less relevant in another. Supporting a broader selection can allow businesses to adapt their payment experience without changing the underlying product or service.
The Rise of Alternative Payment Models
Traditional card and bank-based payments remain important, but the digital payments landscape has expanded beyond these established methods. Digital wallets, account-to-account payments, mobile solutions and cryptocurrency have all contributed to a broader definition of what a digital transaction can look like.
Cryptocurrency remains a smaller part of the overall payments landscape, but it has created another category of payment technology for businesses to consider. Specialized solutions such as BitHide can provide businesses with tools for handling crypto payments as part of their broader payment operations.
The significance of this development is not necessarily that every business will adopt cryptocurrency. Rather, it demonstrates how the payment landscape continues to diversify. Businesses operating internationally can increasingly choose from different models instead of relying on a single approach across every market.
Payments Are Becoming Part of Business Operations
As payment systems become more digital, their role increasingly extends beyond accepting money from customers. Payment processes can interact with accounting, order management, customer records and other parts of a company’s digital operations.
This is particularly relevant for businesses with large transaction volumes or customers in multiple countries. Manual payment processes can become difficult to manage as the number of transactions, currencies and payment methods increases. Digital systems can help businesses organize these processes within a wider operational framework.
The result is a gradual shift in how companies think about payments. Instead of treating payment processing as a separate function, businesses are increasingly considering it alongside other elements of their digital infrastructure.
This does not mean that every company needs a complex payment setup. The appropriate approach depends on the business model, target markets, transaction volumes and types of customers involved. For some companies, a small number of established payment methods may be sufficient. Others may need a more flexible arrangement because of the markets they serve.
Adapting to Different Markets
One of the more important changes brought by digital payments is the ability to adapt payment experiences to different markets.
International businesses often face differences in consumer behavior, financial infrastructure and preferred payment methods. A payment strategy that works well domestically may therefore require adjustments when a company expands internationally.
Digital payment technology can make these adjustments more practical, but it does not remove the need for local market knowledge. Businesses still need to understand customer preferences, applicable requirements and the practical costs associated with different payment methods.
This makes payment strategy part of international expansion rather than an issue that can be addressed only after a new market has been entered.
What Comes Next for Global Businesses
The digital payments market is likely to continue becoming more diverse as businesses and customers adopt new ways of moving money. The important change may not be the replacement of one payment method by another, but the growing ability to combine different methods according to the needs of a particular business or market.
For global companies, this creates an emphasis on adaptability. Payment systems need to support the way a business operates rather than becoming a limitation on where and how it can sell.
Digital payments are consequently becoming more than a convenient alternative to cash or traditional payment processes. They are increasingly connected to international commerce, customer experience and day-to-day business operations. As payment options continue to develop, companies that can adapt their payment strategies to different markets will be better positioned to operate in an increasingly digital global economy.
